Find the compound interest on rs 25000 at the rate of 12% per annum for three
years please find the answer
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p=25000
r=12
t=3
compound interest=p×(1+r/100)³
25000×(1+12/100)³
=25000×(1+0.12)³
=25000×1.12×1.12×1.12
=35123.20
r=12
t=3
compound interest=p×(1+r/100)³
25000×(1+12/100)³
=25000×(1+0.12)³
=25000×1.12×1.12×1.12
=35123.20
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